Internships-the vast majority unpaid-have become a staple of the college experience. In 1992, only 9 percent of graduating students had participated in internships; by 2006 that figure increased to 83 percent. Internships are often good for both the student and the employer. Yet the current system is fraught with problems. In a previous entry, I discussed how unpaid internships put lower-income students at a substantial disadvantage compared to their better-off peers who can afford a summer of lost wages and the high living expenses of city life. Students who can't afford an unpaid internship don't get the valuable leg-up they need in searching for employment after graduation.
